Institutional
Gates Capital Management, Inc.
CIK 0001312908
$3.66B
Reported AUM
34
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Gates Capital Management, Inc. · Q1 2026
AI · grounded in 13F
Gates Capital Management, Inc. established a new position in HYG valued at $169.1M. The fund also opened new stakes in KBR for $77.1M and AOS for $71.7M. On the sell side, the fund closed its entire position in WH, reducing its exposure by $56.4M. Other reductions included trimming shares of XLI by 27.3% and XLB by 36.7%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | XLI | SELECT SECTOR SPDR TR | $390.0M | 10.66% | -903,500 | -27.3% |
| 2 | XLB | SELECT SECTOR SPDR TR | $202.4M | 5.53% | -2,350,000 | -36.7% |
| 3 | HYG | ISHARES TR | $169.1M | 4.62% | +2,125,000 | NEW |
| 4 | ATKR | ATKORE INC | $158.2M | 4.32% | -47,429 | -1.7% |
| 5 | DAR | DARLING INGREDIENTS INC | $146.0M | 3.99% | -2,382,929 | -50.2% |
| 6 | TIC | TIC SOLUTIONS INC | $143.8M | 3.93% | +7,013,879 | +47.3% |
| 7 | CARR | CARRIER GLOBAL CORPORATION | $140.5M | 3.84% | -725,689 | -22.5% |
| 8 | SPGI | S&P GLOBAL INC | $139.5M | 3.81% | +40,401 | +14.0% |
| 9 | RTO | RENTOKIL INITIAL PLC | $137.0M | 3.74% | -164,616 | -3.6% |
| 10 | NVST | ENVISTA HOLDINGS CORPORATION | $136.1M | 3.72% | -445,408 | -7.7% |
| 11 | AMRZ | AMRIZE LTD | $135.2M | 3.69% | -31,975 | -1.3% |
| 12 | FTV | FORTIVE CORP | $115.5M | 3.16% | -352,307 | -14.4% |
| 13 | CRH | CRH PLC | $114.5M | 3.13% | +310,602 | +39.9% |
| 14 | DVA | DAVITA INC | $111.1M | 3.04% | -452,477 | -38.5% |
| 15 | GTX | GARRETT MOTION INC | $107.9M | 2.95% | +457,779 | +8.4% |
| 16 | ESI | ELEMENT SOLUTIONS INC | $104.4M | 2.85% | -1,503,920 | -33.0% |
| 17 | VLTO | VERALTO CORP | $95.5M | 2.61% | +287,139 | +36.2% |
| 18 | GLPI | GAMING & LEISURE P | $91.3M | 2.50% | -30,832 | -1.5% |
| 19 | VICI | VICI PPTYS INC | $88.4M | 2.41% | -175,000 | -5.1% |
| 20 | TKO | TKO GROUP HOLDINGS INC | $86.3M | 2.36% | -402,000 | -48.4% |
| 21 | MBC | MASTERBRAND INC | $86.0M | 2.35% | +1,121,233 | +12.2% |
| 22 | AWI | ARMSTRONG WORLD INDS INC NEW | $82.1M | 2.24% | +70,500 | +16.5% |
| 23 | PNR | PENTAIR PLC | $78.6M | 2.15% | -400,000 | -30.7% |
| 24 | KBR | KBR INC | $77.1M | 2.11% | +2,091,565 | NEW |
| 25 | AOS | SMITH A O CORP | $71.7M | 1.96% | +1,087,580 | NEW |
| 26 | APG | API GROUP CORP | $64.8M | 1.77% | -233,621 | -12.7% |
| 27 | SIRI | SIRIUSXM HOLDINGS INC | $63.3M | 1.73% | +2,742,359 | NEW |
| 28 | NEOG | NEOGEN CORP | $58.1M | 1.59% | -2,126,885 | -25.4% |
| 29 | RAL | RALLIANT CORP | $57.8M | 1.58% | -865,360 | -38.4% |
| 30 | OTIS | OTIS WORLDWIDE CORP | $56.9M | 1.55% | -20,413 | -2.7% |
| 31 | VSNT | VERSANT MEDIA GROUP INC | $55.8M | 1.52% | +1,507,561 | NEW |
| 32 | CCSI | CONSENSUS CLOUD SOLUTIONS IN | $43.6M | 1.19% | +43,412 | +2.4% |
| 33 | Q | QNITY ELECTRONICS INC | $37.6M | 1.03% | +20,000 | +6.5% |
| 34 | XBP | XBP GLOBAL HOLDINGS INC | $14.0M | 0.38% | — | HELD |
| 35 | WH | WYNDHAM HOTELS & RESORTS INC | — | — | -746,848 | EXITED |
Source: SEC EDGAR · accession 0001172661-26-002331. 13F discloses long positions only — shorts, foreign equities, and options are excluded.